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    Earnings per share

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    Teddy Bears Inc had $500,000 of retained earnings on Dec 31, 2010. The company paid common dividends of $20,000 and had retained earnings of $300,000 on Dec 31, 2009. How much did Teddy Bears Inc earn in 2010 and what would the earnings per share be if $40,000 shares of common stock were outstanding?

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    Teddy Bears Inc had $500,000 of retained earnings on Dec 31, 2010. The company paid common dividends of $20,000 and had retained earnings of ...

    Solution Summary

    The solution discusses the earnings per share

    $2.19

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